Tinambunan said he had not heard of HSR at school, let alone the technologies within it. To gain hands-on skills, he worked closely with a Chinese engineer and attended the construction sites almost daily.
To cut businesses' logistics costs, the government said it will standardize the charges levied by ports, railways and airports, and establish a mechanism to guarantee land use for logistics infrastructure.
To add to the appeal of international offerings, the company is setting up livestream studios in bonded warehouses and regional industrial parks to boost shopping excitement. This is built on an existing practice where hosts share their experience on imported products with viewers in a bonded warehouse in Hangzhou.
To accelerate urbanization, financial measures will support the development of key urban development projects, strengthen infrastructure construction and promote investment. That will include boosting bank lending and the launch of real estate investment trusts (REITs), according to the NDRC.
Tiny Singapore, viewed as a barometer for the health of global trade, is highly sensitive to external shocks, and the gloomy figures are another ominous sign for the global economy.
To achieve the goal of pulling all people out of poverty by the end of this year, the 381 officials have been divided into 21 guidance groups that have been sent to all villages in the county.
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To fulfil such targets, the ministry will optimize transport structure, upgrade rail, road and waterway transport systems and expand the network of logistics hubs, Wu said.
Time to transform
To bring the economy back to normal, the authorities will continue implementing stringent measures on epidemic control, strengthen macro-adjustments, and promote work resumption and the movement of production materials and people in an orderly way, Mao said.
Tmall Global, the cross-border e-commerce platform owned by tech heavyweight Alibaba, has kicked off its cross-border cold chain delivery service for Black Friday promotion, and will provide more than 2,500 blue-chip brands from more than 70 countries around the world.